IShares Dow Jones Industrial Average ETF
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The Dow Jones Industrial Average is the oldest stock market index still calculated today. The index was started in 1896 by the founders of the Wall Street Journal and the Dow Jones company, Charles Dow and Edward Jones.
The 30 stocks in the index are among the largest companies in the world and are all listed on the New York Stock Exchange (NYSE). The weighting is based on share prices rather than market capitalisation – unlike most equity indices today. The index composition is determined by a committee.
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